Posts Tagged ‘state budget cuts’

Mortgage Servicing… The Winds Have Shifted, the Pendulum is About to Swing

Written on 25 Jul, 2012 at 0:43

The recent passage of California's Homeowner Bill of Rights (53-25, 25-13) is the most conclusive example that what I spoke of at that conference in 2010, has come to pass. The financial services industry lobbied heavily against the passage... (Continue reading)

Public sector shedding 35k jobs a month — Republicans block bill to prevent further losses

Written on 25 Oct, 2011 at 8:03

State budgets have to be suffering from reduced income and sales taxes, don't they? Higher unemployment obviously means fewer people working and those that are still working... are making less money, so it stands to reason that income tax... (Continue reading)

Tagged with: are we recovering bailouts bank of america banking lobby cause of foreclosure crisis chris edwards of Cato Institute Chris Edwards of the Cato Institute consumer spending decline diana olick double dip economic forecasts economic recovery economy elizabeth warren Fannie Mae Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Goldman Sachs government jobs lost HAMP home price decline jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman matters martin andelman National Association of State Budget Officers Obamaâ€™s $447 billion jobs bill people earning $1 million or more increased by 20% public sector sheds 35000 jobs a month Republican controlled congres republicans kill bill in senate rob shapiro former undersecretary of commerce state budget cuts super-committee the great recession the tea party wants smaller government unemployment unemployment forecasts unemployment rate wall street bankers wells fargo bank